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Innobyte, a leading player on the Romanian e-commerce market, ended 2023 with a turnover of RON12.57 million, up 30% on the year, and EBITDA of RON2.67 million, up 40% from 2022, company representatives said in a statement.
IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, reported net profit of RON24 million for 2023, up 69.5% from RON14.2 million in 2022, as per the company's preliminary financial report published at the Bucharest Stock Exchange.
Romanian authorities issued 1,829 residential building permits in January 2024, 12% fewer than in January 2023, data from the country’s statistics board INS showed on Thursday (Feb 29, 2024).
NN paid insurance customers and private pensions participants a total RON983 million in 2023, higher by 27% than in 2022.
Romania's Finance Ministry raised RON441.3 million from banks on Thursday (February 29, 2024), selling benchmark bonds with a scheduled value of RON500 million due in February 2029, at an annual average yield of 6.34%.
Romanian executives forecast a period of relative stability in retail trade and services, in parallel with relative stability in the number of employees in manufacturing industry, construction and services and sharp price increases in retail trade, for the period February – April 2024, in line with a survey carried out by the country’s statistics board INS.
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, has announced net loss of RON1.23 million for 2023, compared to net profit of RON4.5 million in 2022, as per data from its annual preliminary financial report.
Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, reported net profit of RON10.74 million for 2023, down 11.85% from 2022, and revenue from contracts with clients of RON131.3 million, down 5.6% vs 2022, according to the company's preliminary financial results.
Meat products manufacturer CIA Aboliv, based in the locality of Mihai Viteazu (Cluj County), currently has 30 jobs available for unskilled workers at its meat processing plant in Mihai Viteazu, in line with data available on the website of Cluj County Employment Agency.
Furniture maker Taparo, part of Taparo group of firms founded by entrepreneur Ioan Filip, currently has 30 jobs available at the plant in the locality of Borcut, near the town of Targu-Lapus (Maramures County), in line with data available on the website of Maramures County Employment Agency.
AROBS Transilvania Software (AROBS.RO), the biggest tech company listed on the Bucharest Stock Exchange, reported a consolidated turnover of RON428 million for 2023, up 43% vs 2022, normalized EBITDA of RON93 million, up 22% on the year, and a normalized net profit of RON52 million, down 3% vs 2022, amid the integration process into the group of the companies acquired in the last two and a half years.
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, measured by production capacity, announced net loss of RON537.9 million for 2023, from net profit of RON331 million in 2022,as per its preliminary financial results.
Pharmaceutical manufacturer Antibiotice Iasi (ATB.RO) ended 2023 with net profit of RON80.7 million, up 109.5% from 2022, and a turnover of RON600.8 million, up 7.2% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on data from the company's annual preliminary financial report published at the Bucharest Stock Exchange.
Romanian state-owned oil transporter Conpet Ploiesti ended 2023 with net profit of RON60.2 million, down 2.3% on the year, and a turnover of RON485.1 million, up 2.7% on the year, in line with data from the company's annual preliminary report published at the Bucharest Stock Exchange.
Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, has informed investors in a stock market report on Wednesday (Feb 28) about the Board of Directors' decision regarding the launch of an initial public offering for sale of corporate bonds, unsecured, non-convertible, issued in Romanian currency, in the amount of RON15 million.
BRK Financial Group (BRK. RO), the only stockbroker listed on the Bucharest Stock Exchange, on Wednesday (Feb 28) announced a net profit of RON376,115 for 2023, compared to a loss of RON15.2 million in 2022.
Telecom operator Digi Communications (DIGI.RO), an entrepreneurial company controlled by businessman Zoltan Teszari, reported consolidated revenue of EUR1.69 billion (nearly RON8.4 billion) for 2023, up 13% from 2022, as per data from the company's annual preliminary financial report.
La Mama restaurant chain, started by entrepreneur Catalin Mahu 25 years ago, plans to resume expansion in 2024 and open two new units, within investments worth EUR2 million, along with increasing staff numbers by some 100 people, aiming to focus on local workforce and forgo Asiam workers.
Romania’s national power transmission company Transelectrica (TEL.RO) reported net profit of RON219 million for 2023, lower by RON296 million or 57.5% than in 2022, mainly due to the fact that in the current year there was no revenue from the capitalization of own technological consumption (OTC) at the level of the amount recorded in 2022 (RON13.8 million in 2023 vs RON338.5 million in 2022).
Low-cost airline Wizz Air announces that it added new routes from the Romanian cities of Bucharest and Brasov to the Hungarian capital city of Budapest.19058 items